Michael Melarkey - Gabelli Utility Independent Trustee
| GUT Fund | USD 5.48 0.02 0.37% |
Mr. Michael J. Melarkey, Esq., is Independent Trustee of the Company. Mr. Melarkey, after more than forty years of experience as an attorney specializing in business, estate planning, and gaming regulatory work, recently retired from the active practice of law, and is of counsel to the firm of McDonald Carano and Wilson in Reno, Nevada. He is a member of the Funds Audit Committee and one of the multifund ad hoc Compensation Committees. Mr. Melarkey serves on comparable or other board committees with respect to other funds in the Fund Complex on whose boards he sits. He is currently a Chairman of the Board of Southwest Gas Corporation and serves on its Nominating, Corporationrationrate Governance, and Compensation Committees. Mr. Melarkey acts as a trustee and officer for several private charitable organizations including as a trustee of The Bretzlaff Foundation and Edwin L.Wiegand Trust. He is an owner of Pioneer Crossing Casino Group consisting of three Nevada casinos and an officer of a private oil and gas company
| Age | 70 |
| Tenure | 9 years |
| Phone | 914-921-5000 |
| Web | https://www.gabelli.com/Template/fundinfo.cfm?tid=NDRiZjk=&bid=MmMzNQ==&mid=OWEyMA==&num=ZDQzOQ==&kid=MzM4ZDI=&fid=YjBiNA==&rid=311-=edoc_dnuf |
Michael Melarkey Latest Insider Activity
Tracking and analyzing the buying and selling activities of Michael Melarkey against Gabelli Utility fund is an integral part of due diligence when investing in Gabelli Utility. Michael Melarkey insider activity provides valuable insight into whether Gabelli Utility is net buyers or sellers over its current business cycle. Note, Gabelli Utility insiders must abide by specific rules, including filing SEC forms every time they buy or sell Gabelli Utility'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Michael Melarkey over a year ago Sale by Michael Melarkey of 1092 shares of Gabelli Global |
Gabelli Utility Management Performance (%)
The company has Return on Asset of 0.62 % which means that on every $100 spent on assets, it made $0.62 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 1.19 %, implying that it generated $1.19 on every 100 dollars invested. Gabelli Utility's management efficiency ratios could be used to measure how well Gabelli Utility manages its routine affairs as well as how well it operates its assets and liabilities.Similar Money Managers
| Showing other executives | One Year Return | ||
| Gregory Russo | John Hancock Income | 71 | |
| Kuni Nakamura | Gabelli Global Small | 51 | |
| James Boyle | John Hancock Income | 61 | |
| Mario CFA | Gabelli Global Small | 82 | |
| Richard Cochran | Allianzgi Equity Convertible | 59 | |
| Robert Kolodny | Gabelli Healthcare WellnessRx | 74 | |
| Bruce CPA | Gabelli Healthcare WellnessRx | 73 | |
| William Cunningham | John Hancock Income | 76 | |
| Anthony Colavita | Gabelli Global Small | 58 | |
| Warren Thomson | John Hancock Income | 64 | |
| William Ogden | Allianzgi Equity Convertible | 75 | |
| Ivan Arteaga | Gabelli MultiMedia Mutual | N/A | |
| John Ball | Gabelli Equity Trust | 44 | |
| James Conn | Gabelli Healthcare WellnessRx | 82 | |
| Deborah Jackson | John Hancock Income | 68 | |
| Christopher Dixon | Gabelli MultiMedia Mutual | N/A | |
| Howard CFA | John Hancock Income | N/A | |
| Bruce CPA | Gabelli Global Small | 73 | |
| James Conn | Gabelli Global Small | 82 | |
| Richard Walz | Gabelli Convertible And | 60 | |
| Grace Fey | John Hancock Income | 74 | |
Management Performance
| Return On Equity | 1.19 | ||||
| Return On Asset | 0.62 |
Gabelli Utility Closed Leadership Team
Elected by the shareholders, the Gabelli Utility's board of directors comprises two types of representatives: Gabelli Utility inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gabelli. The board's role is to monitor Gabelli Utility's management team and ensure that shareholders' interests are well served. Gabelli Utility's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Gabelli Utility's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Bruce Alpert, President Acting Chief Compliance Officer | ||
| Salvatore Zizza, Independent Trustee | ||
| Kuni Nakamura, Independent Trustee | ||
| Mario Gabelli, Chairman of the Board of Trustees, Chief Investment Officer | ||
| John Birch, Independent Trustee | ||
| Elizabeth Bogan, Independent Trustee | ||
| David Schachter, Vice President and Ombudsman | ||
| Michael Melarkey, Independent Trustee | ||
| Leslie Foley, Independent Trustee | ||
| John Gabelli, Trustee | ||
| Vincent Enright, Independent Trustee | ||
| Agnes Mullady, President of the Open-End Fund Division and COO of the Open-End Fund Division | ||
| Peter Goldstein, Vice President Secretary | ||
| Richard Walz, Chief Compliance Officer | ||
| Daniel Plourde, Vice President | ||
| Frank Fahrenkopf, Independent Trustee | ||
| James Conn, Lead Independent Trustee | ||
| Robert Morrissey, Independent Trustee | ||
| Andrea Mango, Vice President, Secretary | ||
| Michael Ferrantino, Independent Trustee | ||
| John Ball, Principal Financial and Accounting Officer, Treasurer |
Gabelli Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Gabelli Utility a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 1.19 | ||||
| Return On Asset | 0.62 | ||||
| Profit Margin | 53.67 % | ||||
| Operating Margin | 44.85 % | ||||
| Current Valuation | 578.33 M | ||||
| Shares Outstanding | 63.35 M | ||||
| Shares Owned By Insiders | 1.26 % | ||||
| Shares Owned By Institutions | 9.64 % | ||||
| Number Of Shares Shorted | 600.86 K | ||||
| Price To Earning | 79.22 X |
Thematic Opportunities
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Other Information on Investing in Gabelli Fund
Gabelli Utility financial ratios help investors to determine whether Gabelli Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Gabelli with respect to the benefits of owning Gabelli Utility security.
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